Redruth, TR15

Leasehold Pizza Takeaway Business Located In Redruth Cornwall For Sale

Number 1 On Trip Advisor

Ref 2258

Location

Moganojax Pizza Takeaway is located in the Cornish town of Redruth, Cornwall. Its positioned on the outskirts of Redruth town centre and within easy reach of all local amenities. Redruth offers a range of facilities to include a railway station that's on the main Penzance to Paddington line and is within easy reach of the main A30 trunk road through the county. This connects the town with the remainder of Cornwall and into Devon where it links with the M5 at junction 31, Exeter. The North Cornish coastline with its stunning scenery, coastal walks and beaches are also within close proximity.

Asking Price: £49,500 plus SAV

Business Information

Turnover: £82,500

(Below VAT Threshold)

Stock: £1,000

Business Rates: zero

Business Description

Veritas Business Sales are delighted to offer for sale this respected and well established Pizza Takeaway business which is located in Redruth. The business has been established for 15 years and has been in the careful hands of our client since then. Reluctantly the business is now being offered for sale so that our client can concentrate on other business interests. Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Moganojax is very much owner operated and employs the help of 4 part time members of staff along with 4 drivers. The business trades up to the VAT threshold with the owners already semi retired and has an annual turnover of £82,500. The split is 95% delivery and the remaining 5% is collection. They serve delicious pizzas (made from local produce) as well as garlic breads, chilli, burritos, lasagne, chicken wings, nachos, southern fried chicken, burgers, fries, dips and cold drinks . We believe that there is massive potential to increase trade in an ever growing market place by implementing a more rigorous advertising and marketing campaign locally. The business enjoys a strong reputation locally (number one on Trip-Advisor) for its high quality food and as such has a high level of regular repeat trade along with many tourists, some of whom have been visiting every year since opening. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Opening Hours

Monday - Sunday - 5.00pm - 10.00pm

Leasehold

Original term: 3 year (rolling)

Remaining: New lease to be given

Rent: £3,600 pa

Rates: Zero

Ground Floor

Kitchen (10.2m x 4.7m) comprising: 10 stainless steel prep tables, 2 pizza ovens (Lincat), 2 dual fryers (Voilmart), 2 microwaves, under counter fridge (Onyx), dual basin commercial sink with drainer, water heater, wash basin, stainless upright fridge (Polar), white upright fridge (Mondial), white upright fridge (Apollo), white upright freezer (Gram), 4 ring oven, pizza oven (Lincat), chest freezer (Whirlpool), chest freezer, various shelves, oven stand and upright drinks fridge

Office with desk, printer, computer, monitor, key board and chair

Storeroom with various shelving units

W/C with wash basin